Lian Yong drive IC shipments increased by 50% year by year

After the drive IC factory Lian Yong stepped into 2022, the momentum of the SHIPMENT of OLED driver IC will be expected to be in full swing. The legal person pointed out that Lianyong successfully grabbed the orders of many mobile phone brands such as OPPO, Vivo and Glory, and it is expected that the shipment momentum of OLED-driven ICs in 2022 will have the opportunity to challenge the high-speed growth momentum of 50% per year.

5G smartphones continue to stimulate the increase in penetration, coupled with the expansion of OLED production capacity by panel manufacturers in 2022, driving OLED driver ICs to become the main axis of the drive IC market in 2022. The legal person pointed out that Lian Yong has successfully entered the supply chain of large panel manufacturers such as BOE in oled driver ICs, and its annual shipments will have the opportunity to reach about 90 million sets.

The company estimates that the penetration rate of small and medium-sized OLED-driven ICs will reach about 40% in 2021, and it is expected that the penetration rate will continue to grow by double-digit percentage points in 2022, when the penetration rate of small and medium-sized panels using OLED panels will be expected to exceed 50%.

It is understood that lianyong in recent years layout OLED drive IC market is quite positive, shipments from 40 million sets in 2020, growing to about 60 million sets in 2021, if the shipment momentum in 2022 is smooth to see 90 million sets, representing the annual growth rate of OLED drive IC shipments in 2022 will be expected to reach 50% of the rapid growth.

In fact, the current drive IC production capacity is still limited by the lack of supply of wafer foundry capacity, so that the driver IC price remains high, as the integrated touch and drive IC (TDDI) price remains high-grade, OLED driver IC has become the new first choice for brand manufacturers, becoming the main key to promote the OLED driver IC in 2022 Market scale increase.

Not only that, the cooperative relationship between Lianyong and UMC is quite close, and the production capacity is relatively smooth compared to other manufacturers, and in the current situation of tight production capacity supply, Lianyong will be expected to have the momentum of shipment growth. The legal person expects that the overall shipment volume of Lianyong in 2022 will increase by at least 10% per year.